Japan's economy rebounds in 4Q, growth for 2018 at 0.7 pct [FOX Business Network]
Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG)
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Source: FOX Business Network
Japan's economy rebounds in 4Q, growth for 2018 at 0.7 pct article Japan's economy picked up some momentum in the last quarter of 2018 but still slowed from the growth seen in the previous year. Continue Reading Below The 1.4 percent rebound in annualized growth for October-December contrasted with a revised 2.6 percent contraction in the previous quarter, according to data reported Thursday by the Cabinet Office. It showed a recovery in consumer demand, investment and government spending in the world's third-largest economy. But the 0.7 percent expansion in the full year was much slower than the 1.9 percent annual growth logged in 2017. Gross domestic product, or the total value of a nation's goods and services, had contracted during the July-September quarter. Yoshimasa Maruyama, chief market economist at SMBC Nikko Securities, said risks remain, such as trade friction with the U.S. over Japan's exports of autos and auto parts, and a hike in the sales tax planned for October. Advert
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Sec Filings
- 3/27/24 - Form 6-K
- 3/27/24 - Form 6-K
- 3/25/24 - Form 6-K
- SMFG's page on the SEC website